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Old September 24th 07, 05:34 PM posted to rec.radio.shortwave
Steve Steve is offline
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First recorded activity by RadioBanter: Jul 2006
Posts: 1,324
Default Radio Sold Its Soul

On Sep 24, 12:07 pm, "David Eduardo" wrote:
"Billy Smith" wrote in message

...



Going private is a future strategy: buy now, when the market undervalues,
and in 3 to 6 years, go public again based on value and profits.


If you had solid profits and earnings from your operations, your company
could outpace the market. Look at the oil and gas monopolies.


The company I am with outpaces the market, had solid profits and a double
digit growth rate.


So did Enron.

In fact, the TV side has just had several consecutive
weekly Nielsen wins as the #1 national network in 18-34. The market was
undervaluing us because of the Viacom Syndrome and going private was a
shrewd investment for those who bought the company. They acquired a
profitable, growing enterprise at a low multiple of earnings.


Sounds like you'd better contact Arthur Andersen for some 'creative'
accounting.